Toyota Canada (TCI) won 11 Vincentric’s Best Value in Canada 2020 awards, more than any other automaker for the eighth year.
Vincentric’s Best Value in Canada awards are given to vehicles that have lower ownership costs than competing vehicles in their respective categories.
In addition to Lexus’ Best Value in Canada – Luxury Car Manufacturer Award, five Lexus models were recognized in the following categories: Luxury Coupe, Luxury Midsize Sedan, Luxury Hybrid, Luxury SUV/Compact Crossover and Luxury SUV/Compact Crossover and Luxury Hybrid SUV/Compact Crossover.
Five Toyota-branded models also won awards in the following categories: large sedan, hybrid, hybrid SUV/multi crossover, minivan and compact/medium pickup.
We are delighted that Lexus and Toyota have received more Best Value in Canada™ awards from Vincentric for the 8th year.
— Robert Tsang, Lexus Division Manager ,Toyota Canada
“ These awards are a testament to our success in our commitment to deliver excellent value to our customers, year after year. ”
Winning models 2020
- Best Value in Canada 2020 – Luxury Car Brand: Lexus (2nd time)
- 2020 Lexus RC Series – Best Value in Canada: Luxury Coupe
- Lexus ES 350 2020 – Best Value in Canada: Midsize Luxury Sedan (Four-time winner, 3rd consecutive year)
- Lexus ES 300h 2020 – Best Value in Canada: Luxury Hybrid (eight-time winner)
- Lexus UX 200 2020 – Best Value in Canada: SUV/Compact Luxury Crossover (2nd year in a row)
- Lexus NX 300h 2020 – Best Value in Canada: SUV/Luxury Hybrid Crossover (Three-time winner)
- 2020 Toyota Avalon – Best Value in Canada: Large Sedan (six-time winner, 2nd consecutive year)
- Toyota Corolla Hybrid 2020 – Best Value in Canada: Hybrid
- Toyota Highlander Hybrid 2020 – Best Value in Canada: SUV/Hybrid Crossover (seven-time winner)
- Toyota Sienna 2020 – Best Value in Canada: Minivan (3-time winner, 2nd consecutive year)
- Toyota Tacoma 2020 – Best Value in Canada: Compact/Intermediate pickup (9th consecutive year)
Using a statistical model analyzing different scenarios, Vincentric determined the winners by measuring the vehicles whose cost of ownership was lower than expected based on category and price.
Each vehicle was evaluated in all 10 provinces, plus the Northwest Territories, using a wide range of annual mileage intervals and insurance profiles.
